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20121201
20121231
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CNBC 23
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Search Results 0 to 22 of about 23 (some duplicates have been removed)
a couple of big steps back. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i continue to have hope. that would reduce spending as well as revenues on the table. >> but of course the democrats in the senate. didn't see plan b as a step forward. harry reid came out and said, john boehner is walking away from the nenegotiations. >> every time we get down to something from the long-term financial think for this country. they do the charlie brown thing, they jerk the ball away. and this is what is going on. >> the posturing conceals the process that we are not aware of. but i talked to a budget aid that said, he thinks things are getting worse in terms for prospects of a deal. >> by the w
's chris palone near the scene with the latest. >> reporter: at the hour in newtown, connecticut, people are starting to gather in at least three local churches holding prayer vigils for the victims' families. police say it could take up to two more days to identify all the victims and collect all the clues at the elementary school here near me. the big question on everyone's mind tonight is why? imaginable horror. more than a dozen elementary schoolchildren brutally murdered by a gunman who walked into a school and opened fire. >> there were 18 children pronounced dead at the scene. there were two children transported to area hospital, pronounced dead at the hospital. there were six adults that were pronounced dead at the scene. >> reporter: frantic parents rushed back to the school, desperate for any information about their children. >> we just ran like every other parent and we found out we couldn't get to the school. >> i drove from work. i work in bridgeport. i drove back up here. it was the longest drive of my life, it was really hard not knowing. >> reporter: teachers barricaded t
money." i'm jim cramer. see you tomorrow! hey, larry, what do you have for us? connecticut, where the first of the victims from the tragedy here were laid to rest today. this grieving town begins the process of saying good-bye, investigators continue their search for how and why it all happened here. i'll have more coming up. devastation of superstorm sandy, but wait until you hear about all the pork loaded into this $60 billion sandy relief bill. hardly any of it gets to sandy and the actual survivors. we'll get to all that. "the kudlow report" begins right now. >>> first up, 14 days and the clock is still running for a deal to prevent the nation's economy from falling off the tax and fiscal cliff. president obama, speaker boehner, they huddled at the white house today once again, but are we really any closer to a compromise? we go back to cnbc's eamon javers who joins us from washington with all the details. good evening. >> reporter: good evening, larry. you're right, they did meet today. it was a surprise meeting not announced as the previous meetings between the two men have
's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff. events moving faster in washington. house speaking boehner meeting with party members, moving to plan b. that deals with bush era tax cuts. the white house rejected that. investors like whatever progress we're seeing. s&p 500 at a two-month high. s&p up 1 1/3 -- 1.1 on s&p, dow jones industrial average up 114 points, almost a full% enand nasdaq up 1 1/3. the latest on how those negotiations are progressing. >> over the last 24 hours or so we've had a flurry of proposals, counter proposals, responses, responses to responses. as it lies right now, basically all those responses have been rejected by the other side. at the top of 2:00, we should have a new roun
their lives in the sandy hook elementary school shootings in newtown, connecticut. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. can i still ship a gift in time for christmas? yeah,
, connecticut. it did have a stake in freedom group. it has invested $751.4 million as of the end of march. cerberus acquired bushmaster last year. and my column today focuses on the number of private equity firms that have major stakes in gunmakers. colt, by the way, is another that is one of them. mid ocean owns a piece of bushnell. doesn't make guns, makes everything but the gun itself. >> what do you mean, the components? >> if you want a 25 round magazine loader, they have it. if you want a military grade night vision, they have it. if you need laser guided things, that's what they make. >> but if you look at the numbers, the sales of a lot of these gunmakers, freedom group in particular have been rising sharply. and, you know, the day after -- >> and the automatic rifle, that's where the growth is coming from. >> absolutely. the day after president obama was elected, you saw a sharp jump in sales. >> i should say as of last night when i was working on this piece, there was a a briefly statement been eliot spitzer wrote an item on his blog. at the time, it was not clear that you will
'll talk about that later in the show. >>> next, more details on the horrifying shooting in connecticut. back in a moment. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#:
in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why john boehner was detouring to plan b because the differences are narrow enough that they can still work it out. >> i've said i'm willing to make some cuts. what separates suss probably a few hundred billion dollars. the idea that we would put our economy at risk because you can't bridge that gap doesn't make a lot of sense. >> the smackdown from john boehner came shortly afterwards. it was short and sweet. he spoke for less than a minute and he said the onus is going to be on president obama if we go over the fiscal cliff. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american, 99.81% of the american people. and then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> now bainor aides say they're confident they can pass their plan b, which would raise taxes only on incomes of a
the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversing its move lower this morning, sold more than 2 million iphone 5s in china. the best debut for any iphone in the china market. apple shares are higher as we mentioned. moving away from market bear territory. apple h
in connecticut, please, bob? >> caller: yes, jim. first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor and the old ad, he was such a fan of realmington, he bought the company. i don't want to by green mountain. it's got the red flag, the red flag of my friend herb greenberg, and when he raises issues, i don't go there. herb tells me where battlegrounds are, and when it comes to a battleground, i'd rather eat a cold corn dog. well, check that. >>> i like to revisit stocks i talk about on "mad money," and in this case like hillshire, i think it needs more time, this is a long-term turn-around story. i suggest getting it on weakness, listen, this tastes better than the dog food i ate my first year of the show. after the break, i'll try to make you some money. >>> coming up -- ma
have a newtown, connecticut facility. >> we do. we have about 400 associate there is and it really has been traumatic. last night we had a memorial service, 3,500 local people game from newtown, from danbury. it is a tragedy. many of our associates live in newtown, we have a major facility there and it just shows the fragility of life and i can speak as a parent that if you lose a child, nothing else matters. >> now, if someone wants to help, was there an organization that you would recommend that people help? >> they have set up a special section in the united way in danbury. and if you connect the united way danbury, they have an area where you can send funds and they're doing a lot of good work. >> okay. now your company itself has been pretty socially responsible. an issue that i thought was important is fuel, the footprint that your company has and how important this is to you. zero fuel now you use? >> it really is. it's a remarkable situation that we have, you know, we are an integrated company. we have operations in vermont and vermont can go minus 14 in winter and this year we
everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the four horsemen and apocalypse. i have to agree with him and there's really not a lot of time left. today was going to be a very, very big day, bases where it's not being snow affected. i think you'll see a strong performance. i know i was tough, the biggest deal. the fiscal cliff killed us. retailers went deep on profession and they said, no. i thrill city nyse's will be bert. >> do you think it's getting better in 2013, bert? >> 2013 starts the retail ice age and maybe the 500 to 1,000-day retail recession. shopping centers, malls-based, starting to refinance some of them will create record vak kiss on the laws. >> which stocks speci
to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredible difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we head into the weekend. i'm not expecting to hear any progress on the fiscal cliff. but you know, i always watch the sunday morning talk shows now very closely and i'm looking for some politicians saying something encouraging. what does encouraging mean? it means a republican uttering the two words tax increase without the word no before it. and the democrats uttering two words, spending cuts, without the word no before them. neither seems to be able to pull off that syntax, though. at this point i think we've got to assume that the washington people, they can't get it together. we've got to gird ourselves for
of the newtown connecticut tragedy. we love the way you all have been strong in support of them. >> thank you. i very much appreciate that. michael, let me ask you, what do you want to be avoiding in 2013? >> i think you have to look at it from the standpoint of extreme. it's clearly in the bond market. it's clearly in the love for dividends. it's clearly in the love for income versus capital appreciation, versus cycle kral. i call this the rocky balboa stock market. we've had tremendous swings from the bears. you cannot deny the resilience, best year since '09. how is it comparatively smaller fiscal cliff going to do it? >> he does have a point. the relative strength of this market this year has been impressive given all the headwinds that this market has. >> it's been macho ka macho. that's the fighter who just passed away in puerto rico. it has taken blows like you can't believe and has hung in there. and the market leads the economy, not the economy leads the market. we remain defensively positioned because of profits, production and personal income. but we do know maybe we need to change th
to the "kudlow report." i am larry kudlow. one week after the devastating school shooting in newtown, connecticut, left 26 people dead, the national rifle association is breaking its silence. the gun rights group is calling on congress to put armed guards at every school. it's a very interesting development. actually, we could bring in -- let's go right to nbc's danielle lee. she's going to join us with the nra details. good evening, danielle. >> reporter: larry, good evening. after a week long talk about gun control and protecting our children, the situation isn't fewer guns, but more of them on camp campus. the nra's leader blamed the media for a culture of violence. and also accused the country of failing to protect our children by not putting police on every campus with guns. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> even supporters of the nra called the organization out of touch with america. lawmakers and top educators fired back. they say any solution also needs to include gun control and mental health care. >> i don't believe that the only way to stop
across connecticut, rhode island, boston. we could see maybe one, maybe even two inches of rain, snow continues with cold air coming around. we are still watching more snow and then we get the great lakes involved and as well. dumping more snow in western new york. and by that time, new york city, you might see a few flurries. the worst of it is gone for you except the wind but now northern new england, parts of it, maine corks see a foot plus the snow coming through there. all of this, rain, the wind and snow, that will impact travel. as we head lou tonight some of the worst airports this evening will be around d.c. and as well as philadelphia and new york, numerous delays. hundreds of cancelations of pilots and usually -- about a would-hour delay is average around the new york city airports tonight. and even with the snow back on towards the west. now tomorrow, new york city is -- improving throughout the afternoon but morning pilots cog still be delayed and big-time delays continue there in boston and again, things will improve as we head towards friday and then we wait for a next
, connecticut, that would be fine with them and it's just a matter of damage control. >> and will republicans have to pay in any way for something that has no spending cuts in it. >> ideally, a lot of these guys would like to wait until january so they can say we voted for a tax cut and the new status quo is where all of the taxes have gone up. i'm sure there will be primary challenges. >> what do you think? >> first of all, let me be clear. i think 50/50 at best for exactly the reason you cited. i can't imagine that reid and mcconnell are having a happy discussion right now, so there will be serious differences there. for example, if mcconnell insists on keeping the estate tax parameters where they are instead of going where the president is, that completely seals the deal and that's one piece. >> michelle, you've made that point throughout the show, and i partially agree with you, but i will tell you this. right now everybody in this town is focused on taxes and preventing 98% of households from seeing a tax increase and that's what's in these guys' heads and i expect you won't accept this,
, the fiscal cliff, newtown, connecticut, what happened up there, that's the gem feeling overall. jcpenney, they've had promotions walking away from it every day, low discount price story. oppenheimer noted discount racks had been cleared and the traffic seems to have improved in that store. maybe that change in their philosophy has helped them out. that's a note that was out on oppenheimer today. bottom line here, guys, is i think we are seeing some movement with some companies to deal with some of these retail sales issues. you'll see a lot of pressure on margins. david, i think you mentioned this, about what was going on with inflows and outflows from equity mutual funds. it's true we're continuing to get outflows from equity mutual funds. that's certainly been disappointing. we had it going through up until last week. the end of last week, it was reported the first outflows from treasuries. more specifically, from general bond funds. that's the first time we've seen this in a very, very long time. all right, it was a very small number, something on the order of $1 billion or something
elections. it's likely to happen. and the school massacre in connecticut is now elevated gun control. democrats had been steering away from the issue out of political fear. connecticut changed the equation and the president will offer proposals in his state of the union. he'll face strong opposition from republicans and the gun lobby. that means bet on some action but not the sort of restrictions democratic liberals prefer. >> our thanks to john harwood. let's try to go back to mary thompson and see what is moving at the new york stock exchange. >> well, things are moving and my mike is finally working. as i mentioned earlier or was trying to mention, the dow had briefly dipped below 13,000. it is off the lows of the day. but again, wall street continues to keep watch on wall street or washington. most specifically the 3:00 meeting between the president and the leaders of congress. volumes today as you might expect, this is the second to last trading day of the new year, volumes are low. in fact, they're tracking below yesterday's levels, which were also very weak. as it stands right
the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in his conference thursday, if you vote on that in january, a deficit deal than december. it's actually a tax decrease. i don't think nothing is going to happen in the coming weeks. it is possible we get into the first week of january before something to vote on. congress has gotten used to doing things at the last minute and it's not exactly clear when the last minute is here. >> i've been saying for a while you don't have to deal with 400 or 500 grand, get 250, what the president has wanted all along and get the republicans to not vote for a tax cut for everybody under 250. why hasn't that been the strategy or
, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind up having a big january and the stocks tend to
is the ticker on this of course, troubles surrounding the newtown, connecticut, shooting a lot of sellers on that stock during that period of time, today, issuing another $15 billion, expand its buy back program which it just announced with its fiscal second quarter results, announced 20 million share -- $20 million worth of buy backs and expand that to 15. nice gain on the shares. >> >> a big winner for the year. look at that chart. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a relatively h
Search Results 0 to 22 of about 23 (some duplicates have been removed)

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